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Owner Contacts

$365,000

3011 Gillespie St, Houston, TX, 77020

Off Market

3 Beds

3 Bath

1,830 Sq Ft

Single Family Residence

$232.19 / sqft

Built in 2023

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDisposal, Gas Oven, Microwave, Free-Standing Range, Gas Range, Dishwasher, Oven

FlooringTile, Vinyl

Exterior

Lot Size2,500 sqft

Building Information

Year Built2021

Garage Spaces2

Land Information

APN0351750010001

Lot Number1

Land UseResidential

Legal DescriptionLT 1 BLK 1 SWINEY PAR R/P

Census Tract211400

Assessed Land Value$72,000

Assessed Improvement Value$284,885

Assessment Year2025

About this property

Stunning two story home located in the vibrant, fully developed sector of EaDo! Enjoy being just minutes from Minute Maid Park, Toyota Center, Music Hall, and other downtown amenities. Just TWO minutes from the dynamic 150 acre East River Development with exciting retail and dining, also less than 200 feet from Swiney Park! First floor offers an open concept kitchen with beautiful quartz countertops, Samsung stainless steel appliances and a large island with bar seating. Three generously sized bedrooms are found on the second floor. The spacious primary bedroom has a luxurious private bath that is truly a retreat. Large soaking tub, oversized vanity, double sinks, walk in shower and more. No HOA makes this property a great investment or AirBnB option. Come see this gorgeous property today!

Investor Tools

$365,000

Estimated Property Value

$404,800Estimated Mortgage Balance

$0Estimated Equity

-11% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,549 /month

Positive

Cash Flow Estimate:

$850 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$805/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$7,838

$356,885

2025

$72,000

$284,885

$356,885

Tax History

Year

Tax Paid

Assessed Value

2024

$7,838

$356,885

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Champions Mortgage Llc

Conventional

$404,800

First

Oct 7, 2025

Nov 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$400,677

N/A

110%

$2,427/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$2,427/mo

$-705/mo

5.7%

Learn About the Market: Opportunity in Houston

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